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So let me see if I got you right. Both Reagan and Obama performed deficit spending, but the difference is that Reagan conducted "strategic spending" vs. Obama's "spending money." I get it now (note sarcasm).
Get out of here with this a$$ backward logic.
YOUR team just signed us all over to private corporations, no different than the Republicans who sell us to banks
I could not have said it better myself! I keep reading posts where people beg for Americans to WAKE UP! But untill everyone realizes that the Left Right Paradigm itself is a scam we will get nowhere!
In fact, Obamacare was modeled on the very plan Mitt Romney pushed here in Massachusetts. Now Mitt says it's a bad plan.
Originally posted by seabag
reply to post by SeekingAlpha
So let me see if I got you right. Both Reagan and Obama performed deficit spending, but the difference is that Reagan conducted "strategic spending" vs. Obama's "spending money." I get it now (note sarcasm).
Get out of here with this a$$ backward logic.
Reagan cut the top marginal rate from 70% to 28% and boosted business deductions (libs call that spending money). That led to short term deficits and long term growth and prosperity. Obama has spent trillions illegally bailing out business (his friends) and it’s led to higher deficits, higher unemployment, more people on food stamps, and more crony capitalism all at the expense of tax payers.
What don’t you get?
Originally posted by SeekingAlpha
So what does the French Revolution, Chinese Revolution, Russian Revolution, and the current US economic model all have in common?
Answer: Out of control capitalism that created a huge economic divide between the rich and the poor.
Many republicans like to question why people would support socialism or communism. My take is that it's not a matter of choice, it becomes a matter of necessity after capitalism or totalitarianism sucks the life out of society. Let's face it, there are 6-7 billion people on earth and the current capitalistic model promotes a "winner take all" reality. This is unsustainable and your average republican "capitalist" is actually speeding up the process of the US becoming a socialist/communist state. It will be our only alternative and you will be the ones that put us there.
Looks like what Reagan did was sold this country out to big businesses. So you just showed me a statistic that proves Reagan was a corporate puppet. He sure is the greatest! Let's not forget the beginnings of the economic divide between rich and poor really began with the Reagan administration.
Got anything else that proves my point?